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Condo Apartment for sale at 488 University Avenue, Toronto C01 - 2 bedroom, 2 bathroom - Photo 1 of 26
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$789,900

Unit 3901 - 488 University Ave

Toronto C01, ON M5G 0C1

Unit 3901 - 488 University Ave, Toronto C01Listed at $789,900. 2 bedroom, 2 bathroom Apartment Condo. MLS® C13725650.

Just listed — today

Possession · seller's timeline

Flexible

2Beds
2Baths
600-699sqft
Condo
Apartment
$4,074.42Taxes/yr · 2026

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Description

Experience elevated downtown living at 488 University Avenue. This exceptional 2-bedroom, 2-bathroom residence offers soaring 10-foot ceilings, floor-to-ceiling windows and breathtaking, unobstructed south-facing skyline views. Step onto the private 115 sq. ft. balcony-an ideal setting for morning coffee or relaxing at the end of the day.The sleek, modern kitchen features quartz countertops, European-style built-in appliances and upgraded cabinetry that provides valuable additional storage. The original built-in microwave space has been thoughtfully replaced with three extra drawers. The bright, open-concept living and dining area is filled with natural light, while dimmable lighting in the kitchen and hallway creates the perfect ambience.Both bedrooms are generously sized and enhanced with custom-built closets. The second bedroom features a frosted sliding door that provides privacy while allowing natural light to flow through. The primary suite is a serene retreat with motorized blackout blinds and a spa-inspired ensuite bathroom. Additional upgrades include a custom hallway closet, an LED mirror in the guest bathroom, a smart Ecobee thermostat and a brand-new all-in-one washer and dryer installed in 2025.Residents enjoy five-star amenities, including a fitness centre, indoor pool and rooftop terrace. Ideally located steps from St. Patrick Subway Station, Hospital Row, the University of Toronto, Toronto Metropolitan University, Queen's Park and the Financial District, with outstanding dining, shopping, culture and entertainment at your doorstep.Downtown Toronto living at its absolute finest.

Property Details

Property TypeCondo Apartment
StyleApartment
CommunityKensington-Chinatown
Rooms6
Kitchens1
Washrooms2
Square Feet600-699 sqft
Dir/Cross StUniversity Ave at Dundas St. W.
ExposureEast
Garage TypeNone
ExteriorConcrete, Metal/Steel Siding
FoundationConcrete
BasementNone
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
Taxes (2026)$4,074.42
Maintenance Fee$853.25/Monthly
HSTIncluded In
LockerNone
Listed Date8/30/2026
Days on Market0 days
PossessionTBA

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Listing Courtesy of: FIRST CLASS REALTY INC.

MLS® #C13725650

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: Unit 3901 - 488 University Avenue

This condo apartment (Apartment) is located in the Kensington-Chinatown neighbourhood of Toronto.

The home offers 2 bedrooms, 2 bathrooms.

Listed at $789,900 CAD with annual property taxes of $4,074.42 (2026).

About Toronto Real Estate

This Condo Apartment is located in the Kensington-Chinatown community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Condos in Toronto are popular with young professionals and downsizers seeking low-maintenance urban living with amenities.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →